- The 2025 EU Annual Report on Taxation highlights the importance of strong indirect tax systems like VAT
- Shifting demographics, digitalisation, and fiscal challenges increase the need for effective VAT systems
- Governments face spending pressures and require sustainable revenue sources
- VAT is a key component of EU tax policy
- Significant revenue losses occur due to compliance failures and fraud
- Policy reform, digital tools, and cross-border cooperation are essential
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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